RE: Ready for the next leg up8 Oct 2025 08:37
Come on give me a dip and I'll snap them up.
WSBN has 3-5x the market cap this does, but this should be much higher than WSBN
Two huge projects, including this absolute beast.
Market cap should be double WSBN
Cloudbreak Discovery Plc (LSE: CDL), a London Stock Exchange Main Market listed company, is pleased to announce the acquisition of the Paterson Gold-Copper-Molybdenum Project ("The Paterson Project"), that covers 888km2 in the Paterson Province of Western Australia, located only 40km southwest of the Telfer Gold-Copper Mine operated by Greatland Gold Plc (Figure 1).
Highlights:
· The Paterson Project covers 888km2 of granted Exploration tenure, 40km south west of Greatland Gold Plc's (GGP London and ASX) Telfer Gold Copper Mine. Telfer has produced 15Moz of gold and combined with Havieron hosts a total of 10.2Moz Au in resources.
· Drilling last completed in 1987 with multiple significant drilling intercepts including:
o 17m @ 1.6% Cu, 317ppm Mo from 84m (87WDRC2)
▪ Including 9m @ 2.6% Cu, 456ppm Mo
o 9m @ 2.0% Cu, 0.14g/t Au, 272ppm Mo from 84m (87WDRC6)
▪ Including 5m @3.1% Cu, 0.20g/t Au, 430ppm Mo
o 11m @ 1.5% Cu, 0.10g/t Au, 181ppm Mo from 83m (87WDRC8)
▪ Including 7m @ 2.1% Cu, 0.15g/t Au, 250ppm Mo
o 13m @ 1.1% Cu, 0.29g/t Au from 107m (87WDRC14)
▪ Including 6m @ 2.0% Cu, 0.27g/t Au
o 8m @ 0.7% Cu, 310ppm Mo from 98m (87WDRC7)
▪ Including 1m @ 3.3% Cu, 0.22g/t Au, 560ppm Mo
· Historic exploration looking for copper not gold
· Significant drilling intercepts are shallow and can be targeted using RC drilling
· Multiple geophysical targets identified which are yet to be drill tested
· Targets associated with magnetic lows and gravity highs
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